After Underperforming the Market Last Year, Is It Time to Buy McDonald's Stock?

It was difficult to pick a losing stock last year. The S&P 500 rose 24% and the tech-heavy Nasdaq Composite soared 43%. But there was a caveat to these gains. Though many stocks moved higher by the end of 2023, some stocks' gains were easily eclipsed by monstrous returns seen in tech. Indeed, much of the market's rally last year was driven by explosive growth in top tech companies like Nvidia, Microsoft, Alphabet, Apple, and Tesla.One stock epitomizing the types of companies that underperformed last year (m ...